Here's the latest stinking heap of bad news about the Bush administration's illegal and increasingly savage occupation of Iraq. So far this bloody misadventure has claimed the lives of over 150,000 Iraqi civilians (and 3,000 American GIs), caused countless more serious injuries and, according to a recent UN report, created some 3.7 million Iraqi refugees. The price tag for all this senseless mayhem? In the neighborhood of $ 2 trillion.
It is worth remembering that back in 2002, on the eve of the invasion, White House economic advisor Lawrence Lindsey was fired for predicting that an Iraq war would cost between $100 billion and $200 billion.
For more on the true cost of the war, read on...
Iraq war could cost US over $2 trillion, says Nobel prize-winning
Jamie Wilson in Washington
Saturday January 7, 2006
The real cost to the US of the Iraq war is likely to be between $1
trillion and $2 trillion (£1.1 trillion), up to 10 times more than
previously thought, according to a report written by a Nobel
prize-winning economist and a Harvard budget expert.
The study, which expanded on traditional estimates by including such
costs as lifetime disability and healthcare for troops injured in the
conflict as well as the impact on the American economy, concluded that
the US government is continuing to underestimate the cost of the war.http://www.guardian.co.uk/Iraq/Story/0,2763,1681119,00.html